San Francisco based River Financial raised $5.7m in Seed funding led by Polychain Capital to help build out a suite of financial services around Bitcoin.
Cousins Alex Leishman and Andrew Benson founded San Francisco-based River Financial in early 2019 to offer a place for people to buy, sell, store and manage Bitcoin, Leishman told Crunchbase News. Many of the tools available to customers include tracking, moving Bitcoin around, as well as withdrawals and deposits via River’s Lightening Network. “The product today looks a lot like a bank account, but with our take on Bitcoin,” Leishman said. “We would like to be able to offer different types of accounts, including joint and interest-bearing accounts.”